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Any general predictions for topics to come up mostly in Edexcel Bus studies unit 3?

bump.
Bbbuuuuuuuummmmmmmmpppppppp!!!
My teacher said she thinks Cash flow will turn up this year

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Original post by Knee Grow
My teacher said she thinks Cash flow will turn up this year

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what like ways of improving cash flow, profit, inflow outflow all that stuff?
Original post by Angelo12231
what like ways of improving cash flow, profit, inflow outflow all that stuff?


Sorry for late reply, but yeah all that stuff and how to calculate number of sales needed to break even Fixed cost/(Price-Variable cost per item)

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Original post by Knee Grow
Sorry for late reply, but yeah all that stuff and how to calculate number of sales needed to break even Fixed cost/(Price-Variable cost per item)

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Can you go through an example for break even formula please!
Original post by Angelo12231
Can you go through an example for break even formula please!


Let's say that fixed costs for a business are £2,400,000 per year.

They sell their product at £300 per item and the Variable cost is £140 per item. In order to calculate the Break even point we would:

1) Subtract the Variable Cost from Price

300-140=160

2) Divide the Fixed Cost by your result

2,400,000 / 160 = 15,000

This particular business would have to sell 15,000 products in a year to break even.

Does that help?

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Bus studies? The examiners love questions on delays at the bus stop, but bus lanes have not come up in a while so watch out for that. :smile:
Original post by Knee Grow
Let's say that fixed costs for a business are £2,400,000 per year.

They sell their product at £300 per item and the Variable cost is £140 per item. In order to calculate the Break even point we would:

1) Subtract the Variable Cost from Price

300-140=160

2) Divide the Fixed Cost by your result

2,400,000 / 160 = 15,000

This particular business would have to sell 15,000 products in a year to break even.

Does that help?

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koay i got it now!! thanks mate
Original post by Angelo12231
koay i got it now!! thanks mate


No problem, is there anything else you need clearing up?

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Original post by Knee Grow
No problem, is there anything else you need clearing up?

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do they repeat questions every year?
Original post by Angelo12231
do they repeat questions every year?


Sometimes they do, it's pretty much impossible to know what'll come up. It's best to revise all topics

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Original post by tengentoppa
Bus studies? The examiners love questions on delays at the bus stop, but bus lanes have not come up in a while so watch out for that. :smile:

edexcel?
Yeah, my teacher reckons there will be some maths-based questions as there were none last year and none in unit 1
Original post by Knee Grow
No problem, is there anything else you need clearing up?

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what is quality culture?
Original post by midgemeister7
Yeah, my teacher reckons there will be some maths-based questions as there were none last year and none in unit 1


I hope so, they're my favourite questions

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Original post by Angelo12231
what is quality culture?

Checking quality after each stage in the production process rather than just at the end.
Original post by midgemeister7
Checking quality after each stage in the production process rather than just at the end.



I was told that is called Quality Assurance?

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Original post by Knee Grow
I was told that is called Quality Assurance?

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You are correct, that is quality assurance. Quality culture = quality assurance.
Original post by BBeyond
You are correct, that is quality assurance. Quality culture = quality assurance.


Ah thank you.

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